Hi
I am planning to open an FD with Canara Bank on interest of 6.80% for 4 years. So I want to know what the deductions would be in case of an early withdrawal.
Aditi
Posts
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Canara Bank FD -
Income tax on cumulative FD.I have a huge home loan on me. And my job is the only source of income. To secure my future, I want to keep some money aside. So I'm planning to open cumulative FDs with 1lakh. That is 15 lakh that I intend to save aside. Thus,15 FD's
If I break those FDs in 2033, upon maturity, would the entire interest earned in that year or each year be subject to taxation? My income tax bracket fluctuates. Currently, it is 15%. Next year, it might be 25%.
Please advice. I know the bank deducts 10% of TDS. But when will they deduct that? In 2032 or now?
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How UPI prevents us from fraud while doing transactions?Hi
How does UPI prioritize the security and integrity of transactions within the banking system, assuming that it does not reveal the bank’s information such as account number, during the transactions to safeguard our data and prevent fraud? -
What charges are associated while purchasing a real estate?I want to invest about ₹50 lakh on a home in Uttar Pradesh. Could you tell me list all of the fees that I will be responsible for paying, such as registration fees and stamp duty and any other extra fees?